FAME and Regent form Strategic Alliance
Partnership
Creates Markets First 100% Web-Based ERP Solution for Career College
Market
Frederick, MD, June 12,
2007 - Regent Education, the leading provider of financial aid
software solutions for higher education institutions, today announced it
has formed a strategic alliance with FAME, the leading provider of
full-service management and processing of Federal financial aid programs
and school administrative software for over 1,000 career schools and
colleges.
The partnership will focus on integrating the FAME
Advantage (Student Information System) with Regent’s financial aid
software for schools that wish to process their federal funding in-house.
This new solution will offer a powerful, 100% web-based, open standards
Student Information System (SIS) designed specifically for the For Profit
college market.
The Advantage solution’s multi-tier
architecture will provide an affordable system that can scale to support
small and large multi-site and online campuses. Advantage automates the
entire administrative process to track students from inquiry to graduation
to job placement.
“With the addition of the Regent
financial aid software, FAME will be properly positioned to offer our
customers a complete and comprehensive set of SIS modules that are 100%
web based,” stated Cid Yousefi, FAME’s Executive Vice
President. “We are very excited about this partnership and to be
able to deliver a more robust solution to our customers.”
“Financial aid is an extremely complex regulated business process.
Regent’s financial aid module automates this process in an easy to
implement, easy-to-use package,” stated Mike Ratti, Regent’s
CEO. “Customers will see an immediate benefit from The FAME
Advantage offering that incorporates the Regent financial aid engine by
streamlining processes and helping the for-profit college market manage
ever-changing compliance issues. We are very excited to partner with FAME
and its customers in delivery of this exciting new ERP offering.”
About Regent
Regent is a leading provider of financial aid management software
solutions for higher education institutions. Its highly functional,
affordable, off-the-shelf solutions are designed to interoperate with and
enhance existing ERP systems, while enabling institutions to realize a
positive, quantifiable ROI in the same fiscal period they are deployed.
Regent automates key processes such as packaging, awarding, tracking and
disbursements. Built with financial aid offices in mind, Regent enables
users to gain access to actionable information, anytime and anywhere.
Regent Education is located at: 47 E. South Street, Suite 201,
Frederick, MD 21701. Telephone: (800) 639-0927. Web site: www.regenteducation.com. For more information,
email press@regenteducation.com.
About FAME